China's reluctance to adopt Western economic prescriptions stems from its focus on long-term strategic rivalry with the U.S. and industrial capacity, rather than just short-term GDP growth.
The US administration is reviving its 'maximum pressure' economic campaign against Iran, relying on sanctions and a naval blockade after a military campaign failed to force Tehran to capitulate amid munitions shortages.
Hong Kong's economic ties with Asean are growing, but experts argue the city must capture high-value services like trade finance and legal contracts rather than just high trade volumes to maximize real profits.
China's industrial overcapacity in solar panels, lithium batteries, and EVs exceeds global demand, driven by economic policy rather than market forces. This surplus, fueled by high investment and a shift from real estate to advanced manufacturing, poses a significant challenge to European industries, particularly the automotive sector.
France's far-right National Rally party is experiencing an internal identity crisis regarding its economic policies, with potential presidential candidates Marine Le Pen and Jordan Bardella presenting conflicting approaches. Le Pen favors a traditional interventionist state and blue-collar appeal, while Bardella courts big business and free-market liberals. This ideological schism is being exploited by rival parties.
Soft-left Tribune group issues thinly disguised attack on Keir Starmer, calling for bold policy renewalBusiness live – latest updatesUK politics live – latest updatesAn influential group of MPs has said that Labour needs an urgent renewal of economic strategy to offer voters “more than better management of decline” before the next general election.With Keir Starmer fighting to ward off a leadership challenge, the leading backbenchers from the soft-left Tribune group published a series of essays calling for bolder action to salvage its remaining time in power. Continue reading...
